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Hi everyone,
We’re 2 months old in Tessi and really appreciate any help with how others handle instalment processing in Tessi AND entry of instalments payments into your accounting software (we use MYOB – anyone else?).
We’ve always offered 2 and 4 instalment options and the final payment is taken well after the season has started so we’ll need to fully “pay” orders to enable tkt printing. That’s fine however we need contributions paid off before tickets. So we’re thinking:
Eg, Subcription = $1200, Contribution = $2500 ($3700/4 inst = $925 per instalment)
- $925 is taken from portable eftpos machine. Payment method is “Box Office –Visa”
- Separate order created for “$925” contribution only. Paid off in full using ““Box Office –Visa”
- Full subscription (and balance of contribution) created in separate order $2775. Paid off by Invoice. Invoice Billing schedule created for $925 each.
- Tkt can be printed
- Back end – A custom report allocates $925 to specific ‘account codes/GL’ which is then imported to MYOB
ISSUE
- How is the $2755 entered in your accounting software and what point? We only import ‘cash’ amounts into MYOB, allocated to the correct ‘account code’ (we’ve configured the Perf Code for this) however this detail is lost with scheduled billing. So in other words, what is your process for allocating the income of each subsequent instalment payment by job code in your accounting software?
Although this is really a finance issue this is also posted on ticketing forum too.
Ina